If you are looking to borrow so you can consolidate, then the most important piece of advice I can give you is make sure you do an income and expenditure statement and work out your disposable income first. Disposable income is what you can pay your creditors after all of your monthly living expenses ar taken into account. If the monthly consolidation loan repayments are affordable based on your disposable income then go for it. If they are not then do not borrow more as you will simply end up making things worse.